Bitcoin BTC/USD is hovering near a major resistance level around $95,000. Analysts expect the upcoming Core PCE inflation report on Wednesday to be a potential catalyst that could push the apex crypto to new all-time highs. What Happened: In a podcast on April 29, technical analyst Kevin highlighted a technical confluence near the $94,410–$95,581 range,…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. This past weekend, Bitcoin’s price action remained relatively slow, but bulls continue to maintain momentum for now. Across the daily and lower timeframes, the trend remains decisively bullish. However, zooming out to the weekly chart shows potential risks…

As Bitcoin approaches $100k, altcoins also thrive, though a brief dip to $80k is expected before further gains. A short-term pullback in Bitcoin’s price is likely, but experts predict substantial growth in Q3 and Q4. Bitcoin’s price is closely monitored with the 2-Year Moving Average Multiplier, indicating potential market shifts. Bitcoin (BTC) continues to exhibit…

Arizona has broken new ground in what’s been a race among U.S. states to see which may become first to set up a crypto reserve as a formal part of their fiscal strategy, getting legislation approved with mostly Republican lawmakers in support. It’s unclear whether Governor Katie Hobbs, a Democrat, will look favorably on the…

Bitcoin is consolidating in a 4-day range near $95K with bullish momentum. An ascending triangle pattern on the 4H chart signals a potential breakout. Clearing $95.3K could open the door for a rapid move toward $100K. A drop below $92.7K might lead to a short-term pullback into the FVG zone. Bitcoin consolidates just below key…

Cboe Global Markets is expanding its offering of crypto-based derivatives with the launch of its new Bitcoin product on the Cboe Futures Exchange.  Cboe, a leading derivatives and securities trading and investment solutions provider, announced trading for its new Bitcoin (BTC) index futures on Tuesday, April 29.  The Cboe FTSE Bitcoin Index futures is a cash-settled…

(Bloomberg) — Cryptocurrency investors waded back into the market last week, riding a surge in Bitcoin. Most Read from Bloomberg Exchange-traded funds tracking Bitcoin and Ether attracted more than $3.2 billion last week, with the iShares Bitcoin Trust ETF (ticker IBIT) alone seeing a nearly $1.5 billion inflow — the most this year, data compiled…

Arizona has made history as the first U.S. state to pass legislation establishing a Strategic Bitcoin Reserve, following a voting session by the state legislature on Apr. 28. Senate Bill 1025 was approved by the Arizona House by a vote of 31 to 25, according to the state legislature’s website. The bill, sponsored by Republican…

U.S. Secretary of Commerce Howard Lutnick has outlined a bold vision to position the United States as the global leader in Bitcoin BTC/USD innovation, starting with mining. What Happened: In a Bitcoin Magazine exclusive interview on April 28, Lutnick proposed a revolutionary approach: allowing Bitcoin miners to build power plants directly at mining sites, including…

Bitcoin appears to be just 24 to 48 hours away from triggering a golden cross, one of the most potent technical signals in trading. Bitcoin has been consolidating following its dramatic breakout above $90,000. It is currently trading at about $94,900. Price action is flattening just below important resistance levels, but the momentum has not…